Ban is lifted on interest checking for businesses

07/21/2011 | New York Times (tiered subscription model), The

With the one-year anniversary of the financial overhaul, many of the law's provisions are taking effect, including one allowing banks to pay interest on business checking accounts. Many banks including Capital One, Citibank and Wells Fargo expect to begin offering interest-bearing accounts for businesses soon, but others, including two of the biggest, haven't made a decision on whether they will or not.

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New York Times (tiered subscription model), The

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